Nov 30, 2012 1:00pm PST
. keep doing. go long. >>> president obama and house speaker john boehner both talking today about the looming fiscal cliff. but not to each other. the president was making his case on the road while boehner was dismissing the white house proposal as a joke. cnn senior congressional correspondent dana bash joins us live from the capital. dana, what's the latest? >> reporter: well, joe, it turns out he laughed at geithner when he proposed the white house package which includes $1.6 trillion in tax increases. instead, today mcconnell floated to "the wall street journal" the idea of revenues by medicare and eligibility age, but democrats are very dug in. they say anything that doesn't include tax increases on the wealthy is a nonstarter. a day after getting a white house proposal the republicans greeted as a joke, they're not laughing. >> now, the white house took three weeks to respond with any kind of a proposal and much to my disappointment it wasn't a serious one. >> reporter: house speaker john boehner rushed to the cameras to respond to the president's campaign-style event at a
Dec 6, 2012 4:00pm PST
't care about or being the bad republican like he did this week and was criticizing boehner for rolling over, as he saw it, on the deal with obama. >> everybody is playing this down. i don't. eric ericsson wrote his supporters an e-mail saying this, without jim demint we would most likely not presently have in the united states senate pat toomey, rand paul, mike lee, marco rubio, jeff flake, ron johnson, ted cruz. we would not have a republican establishment that worries that conservatives might actually primary them. demint also had backed candidates who went on to lose their general elections. richard mourdock in indiana, christine o'donnell in delaware, ken buck out in colorado. bob, i'm going to back to this again. when the chief ramrod of the right wing senate candidates leaves the post, who would replace him? how is this good news for the right? >> look, i'm not saying whether it's good news or bad news, i'm telling you what i think his calculation is. his calculation is he can be more of a free agent. i think he will get very involved in primaries, he will push hard right issues.
Dec 6, 2012 3:00pm PST
the republican party. wait until you hear what jim demint told rush limbaugh today about speaker boehner. >>> plus, michigan police pepper spray protesters after governor schneider calls for a right to work bill that strips union power. president obama just responded to this. we're live in michigan tonight. >>> and it's a political battle for the ages. we'll tell you why first lady michelle obama and former president bill clinton are going head to head. you're watching "politicsnation" on msnbc. >>> i just spotted mitt romney at costco again. go ahead and return that oval rug you ordered. [ male announcer ] now's the perfect time to buy an adjustable version of the most highly recommended bed in america. the tempur-pedic ergo system. treat yourself to the ultimate sleep experience and save up to $400 during the tempur ergo savings event. plus visit tempurpedic.com for full details on our 0% apr financing with up to five years to pay. don't wait. five-year special financing ends december 10th. visit tempurpedic.com now. tempur-pedic. the most highly recommended bed in america. >>> have yo
Nov 30, 2012 2:00pm EST
in that awful tragedy of a storm. i am not -- i have not looked at mr. nadler's bill >> president obama spoke in pennsylvania today calling on congress to pass an extension of tax cuts for the middle class. later in the day, john boehner of s on to the president's comments. you can see both events starting at 8:00 eastern on c-span. in january, tax credits are scheduled to expire, along with tax credits for businesses. we look at the issue this morning on this morning's "washington journal." host: we are looking at various aspects at the so-called fiscal cliff. joining us for the discussion is steven sloan. he is with politico. could you define what a tax credit is and how that differs from a tax deduction? guest: credits and deductions are used to lower somebody's tax bill. if you have it $1,000 tax bill -- basically reduces taxable income, so it takes the taxable income off the top. if you have a $1,000 tax deduction, that is basically a $250 deduction. host: on their tax credits that specifically affect families? guest: some that have expired that are part of the fiscal cliff package. gues